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Replies to post #1000 on Bakkt Holdings Inc (BKKT)

Replies to #1000 on Bakkt Holdings Inc (BKKT)
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WebSlinger

11/06/21 4:17 PM

#1001 RE: rynlrt #1000

<< You do not use voting shares when calculating market cap. They cannot be converted >>

That is correct. Voting shares (Class V) have no economic value and can't be converted (to Class A).
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Katloose

11/06/21 4:21 PM

#1002 RE: rynlrt #1000

Then how was bakkt valued at $2.1 billion when the transaction completed at $10 and only $1.6 billion at $32...?